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Gross revenue of 22 telecom operators drop in Oct-Dec FY14

Last Updated: Monday, August 11, 2014, 23:04

Gross revenue of 22 telecom operators, including Bharti Airtel, RCom, BSNL and Tata Teleservices, declined in October-December quarter of 2013 compared to the previous quarter, government said on Monday.

Idea gains most from number portability; RCom biggest loser

Last Updated: Monday, August 11, 2014, 16:32

Idea cellular emerged as the top most gainer of subscribers from mobile number portability (MNP), showing a net gain of around 95 lakh customers till June 30, Parliament was informed on Monday.

Telecom stocks gain up to 5% on TRAI move

Last Updated: Tuesday, July 22, 2014, 17:23

Telecom stocks on Tuesday rose by as much as 5 percent after regulator TRAI recommended allowing sharing of all categories of airwaves held by operators.

Idea Cellular Q1 net profit up by 57% at Rs 728.2 crore

Last Updated: Monday, July 21, 2014, 19:43

Telecom operator Idea Cellular today posted 57 percent jump in net profit at Rs 728.2 crore for the first quarter ended June 30, 2014, on increased demand in mobility business mainly mobile internet services.

Idea launches 3G phone for Rs 4,999 with data benefits

Last Updated: Friday, June 20, 2014, 11:17

The new device is based on Android Jelly Bean operating system.

Idea Cellular shares gain on FII limit hike

Last Updated: Monday, June 16, 2014, 09:59

Idea Cellular shares up 1.6 percent to Rs 137.40 at 9:47 a.m.

RBI allows FIIs to buy up to 49% stake in Idea Cellular

Last Updated: Friday, June 13, 2014, 19:47

The FII limit in the company was 24 percent earlier.

Idea to raise Rs 750 cr through preferential issue

Last Updated: Thursday, June 12, 2014, 13:59

Idea said the securities allotment committee of the board, at its meeting on June 10, has approved issuance of 5.18 crore shares at a price of Rs 144.68 per equity share to Axiata Investments 2 (India) Ltd.

Idea raises Rs 3,750 crore from QIP, preferential issue

Last Updated: Wednesday, June 11, 2014, 20:51

Country's third largest telco Idea Cellular Wednesday said it has raised total Rs 3,750 crore from its qualified institutional placement offering and preferential issue to existing shareholder Axiata as the firm creates a war chest for the spectrum auctions later this year.

Idea, IOC tie up to service 82 mn LPG customers

Last Updated: Tuesday, June 10, 2014, 16:06

As part of the agreement, that is valid for two years, Idea will extend its smart gas solution service to enable end-to-end automation on refill delivery process of IOC.

Idea share sale of up to $506 million subscribed nearly three times: Sources

Last Updated: Friday, June 06, 2014, 14:20

The issue would be priced at Rs 134 per share, the sources said, declining to be named as the information is not public. Idea had set an indicative price band of 131-136.35 rupees for the sale.

Idea's Rs 3,000-cr QIP issue subscribed about three times

Last Updated: Thursday, June 05, 2014, 17:55

Shares of the company today closed 3.26 percent higher at Rs 140.80 apiece on the BSE.